With price moving down for 4 consective weeks, I have joined in the short.
However, current price is a bit low on short,
Price seems to be currently forming a small channel.
I hope i am not shorting into support, in which I believe this support is meant to be broken in due time.
It seems to be the neckline of a large 1 yr descending triangle.
However, current price is a bit low on short,
Price seems to be currently forming a small channel.
I hope i am not shorting into support, in which I believe this support is meant to be broken in due time.
It seems to be the neckline of a large 1 yr descending triangle.